Industrial liability: insurance against claims for damages

Liability insurance is a must-have for industrial companies. Damage events can occur at any time, resulting in damage to property and/or personal injury. For manufacturers this applies particularly to the possible consequences of product defects. Companies can then confronted with claims for damages from third parties, which in extreme cases could put the continued existence of a company at risk. This also applies to a product recall intended to prevent further damage or injury. HDI provides supplementary insurance to cover product recall costs incurred.

Scope of services at a glance

Public and product liability insurance

Insures against personal injury and damage to property up to an agreed sum. HDI handles validation of claims for damages and ensures that valid claims are settled.

  • Ascertaining insurance cover requirements based on a company’s specific risk situation.
  • Providing information to enable the client to manage their risks. As part of a shared risk analysis, priorities are set and exposure to various risks is identified. We can apply proprietary risk tools and expert systems for further investigation purposes. We also utilise the know-how of our hands-on experts.


Professional, real-world know-how

HDI has acknowledged expertise in providing guidance for and managing liability claims , settlement discussions and mediation processes.

Global, unitary liability cover and compliance

International insurance programmes that factor in the specifics and requirements of individual countries provide global insurance cover for a company’s worldwide business activities.

Industrial liability claims costs have risen by 70%

Source: GDV

Claims management

Expert assistance in the event of major claims

HDI has many years of claims settlement experience, including in ‘high liability’ countries like the USA. Major international claims are managed and settled by multilingual in-house liability experts in collaboration with locally licensed lawyers. HDI partners with a network of experts to analyse and evaluate such claims. In the event of a claim, policyholders can rely on our proven single-source international claims management system that has evolved over the course of decades.

Liability risk management

The mix of various instruments

Risk tools

Sector-specific tools and expert systems enable us to perform systematic risk analysis. Continuous market observation, a wide range of claims experience and sector expertise built up over the course of decades lay the foundations for the risk assessment standards to which we work.

Network of experts

In complex risk situations we use our in-house and external experts. Hands-on specialists from most scientific and research disciplines work with the client to examine their specific risks.